The Multilateral Development Banks in Latin America and the Caribbean Region

I. Introdu ction .......................................................................................... 193 II. Five Forces A nalysis ........................................................................... 195 A. The Role of MDBs in the Industry? ............................................ 195 B. Who are the competitors in this market? .................... . .. . . .. . . .. . . .. . . 196 C . C om petitive A nalysis .................................................................. 201 D . W ho are our buyers? ..................................... . .. . . . .. . . .. . . .. . . .. . . .. . . .. . . 202 III. The Role of MDBs and Private Flows to Emerging Markets E con om ies ......................................................................................... 202 IV. Exposure and net income considerations ........................................... 206 V . S u p p liers .............................................................................................. 2 0 8 A . Financial Constituencies ............................................................. 208 B . Political C onstituencies ............................................................... 208 C . C onservative Forces .................................................................... 209 D . Potential E ntrants ........................................................................ 209 E . Sub stitutes .................................................................................... 2 10 F . B ilateral A id ................................................................................. 2 10 G . U .N . A gencies ............................................................................. 2 11 H. Non-Governmental Organizations ("NGOs") ............................. 211 VI. Conclusions and Recommendations .................................................. 212